Telegram’s latest initiative, Stars, has significantly influenced Toncoin’s trajectory, causing notable ripples in the cryptocurrency market.
The launch of Telegram’s most recent initiative, Stars, has significantly impacted Toncoin’s trajectory and caused ripples throughout the cryptocurrency market.
Telegram plans to launch Stars on June 12th, marking a significant step towards revolutionizing transaction processes within its ecosystem. Stars, which is positioned as a digital currency that is optimized for frictionless purchases within bots and gadgets, has captivated the imagination of the cryptocurrency community, sparking anticipation and conjecture.
As the news of Stars spreads, the price of Toncoin increases dramatically, reflecting the market’s reaction to this potentially momentous development. Telegram’s recent entry into the world of digital currencies has investors and enthusiasts closely monitoring Toncoin’s performance.
Developers’ Response to Telegram’s Stars Announcement
Following Telegram’s announcement about Stars, developers within the ecosystem have promptly responded to the potential consequences of this new currency. Developers received notifications, focusing their attention on “Telegram Marketing,” a specialized channel where discussions about Stars and its impact occurred.
Notable in particular were notices from the App Store that warned Telegram about alleged violations of its policies. These notifications especially referred to clauses 4.7 and 3.1.1, which were concerned with payment processes.
During this discussion, we informed developers about the possibility of purchasing Stars through the App Store and Google Play, subject to a service commission of approximately 30%.
Additionally, the use of bots and applications allowed customers to directly transact for services, presenting a more cost-effective alternative to traditional payment channels. Particularly noteworthy are instances such as the PremiumBot in Telegram, which demonstrated the possibility of discounted subscriptions and highlighted the ever-changing dynamics that are present within the bitcoin world.
Toncoin’s Current Status and Binance Integration
The most recent data shows that Toncoin (TON) is currently trading at $6.46, with a healthy trading volume of $430.3 million over the past 24 hours. This rising trend takes into account a significant increase of 2.66% over the previous day, which is indicative of the market’s reaction to recent events.
One of the noteworthy advances among these developments thus far is the integration of Toncoin (TON) on Binance, discovered by monitoring bots on May 23. Despite the fact that this integration suggests that Toncoin may be making progress in the future, it is critical to treat such indicators with caution.
It is important to keep in mind that interface monitoring is merely a preliminary indicator and not a conclusive measure of integration. It is beneficial to bring attention to the fact that Toncoin has previously confirmed that it has entered into a confidentiality agreement with Binance, which provides a clue to more extensive collaboration actions within the cryptocurrency industry.